The innovation and startup center weXelerate connects large companies with startups from all over the world in order to work together on concrete innovation projects, open up new markets and develop trendsetting products and services.
A focus of the weXelerate innovation ecosystem is a four-month accelerator program open to startups from around the world. A content of modular program targets growth and value creation, acceleration of cost-optimized innovation processes and safeguarding of market success of new products and services. Per batch, 16 large companies and up to 50 startups work together to jointly achieve these goals.
Participating startups benefit in several ways
There are more than 100 experienced mentors who have profiled themselves as serial entrepreneurs, executives, experts or consultants for many years. Participation in the accelerator is not associated with any costs, it is equity free. Only the costs of stay and travel are to be paid by participants.
For the duration of the Accelerator program, high-quality workspaces will be provided in a spectacular property – the weXelerate Spaces – in the heart of Vienna. Depending on the needs of the particular startup, the workplaces can be used permanently, weekly or selectively during the program. weXelerate hosts continuing education courses, conferences, panel discussions and network events almost every day.
weXelerate’s focus is primarily on the following verticals and technologies: Media, Banking, Insurance, Engineering, Energy / Utilities, Blockchain, AI, Mobility and Security.
“Outstanding entrepreneurial personalities like to decide on their own what kind of knowledge, experts and coaches their startup currently needs. Therefore, we offer a very individual approach, with the challenge of not being able to recline as an entrepreneur, but actively taking advantage of the offer of weXelerate,” Claudia Witzemann and Gabrielle Costigan, Managing Directors of weXelerate, point out.
The next batch will start on October 1, 2018 and end in mid-January 2019 with Investor’s Day and Demo Day in front of potential customers, investors and employees. Interested startups can apply until May 9, 2018 at https://www.wexelerate.com/